Page 31 - NIS English 16-30 June 2022

Cover Story
India on the World Stage

OVERSEAS INDIANS

TOP IN SENDING
SEPTEMBER 22, 2019 India is not avoiding challenges. Indian expats have been
MONEY TO HOME

at the vanguard of sending
Today, we are facing challenges.
money back to their home
Today, India is showing all of the
country, according to the
seemingly impossible by making
World Bank's "Migration
them possible. India's $5 trillion
economy is now ramping up. We're
By 2021, NRIs will have
making progress toward creating a
remitted $87 billion. NRIs
climate thatencourages investment and Development Brief."
"Howdy Modi" and growth, with a focus on from the United States
event in the US expanding infrastructure,
Addressed over investment, and exports. have contributed the most,
50,000 people —Narendra Modi, Prime Minister accounting for 20% of all
from the Indian (At the Howdy Modi event) contributions. Migrant
community in the collaboration and pride
United States. in their homeland, India,
is expanding as a result
May 2, 2022 : At the Eter Am Postdamer in of Prime Minister Modi's
Berlin,Germany, he addressed the Indian diaspora. specific efforts for foreign
People from Indian community came from far and Indians. According to the
wide to see and hear Prime Minister Narendra Modi. report, by 2022, this figure
will rise to $99.6 billion.

I have not come today to talk about myself or
to discuss the Modi government. I feel strongly
about talking about crores of Indians with you.
When I say crores of Indians, I also mean people
who live in this country. In the 21st century,
moving forward with conviction. India now knows
where to go, how to get there, and how long it will
take.
NARENDRA MODI, PRIME MINISTER ECONOMIC PARTICIPATION
OF MIGRANTS IN 8 YEARS

Year Money
2014 70.4
2015 68.9
2016 62.7
2017 68.9
2018 79.4
2019 83.3
2020 83.1

2021 87.0
(Amount in billion dollars)

New India Samachar June 16-30, 2022 29